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What is the responsibility of the HOA in terms of property damage from a leaking pipe?
The answer to this depends entirely on the CC&Rs (Covenants, Conditions and Restrictions) for your HOA, and also where the leak occurred. Read the heck out of the CC&R's to get this answer.
If the HOA bears responsibility for maintaining the water supply and the leak occurred outside the main connection to your property (perhaps the water ran along the pipe into your domicile), then it's likely the HOA is responsible for correction and repairs. If the leak occurred inside your home, only the CC&R's will tell you the answer.
Answer
Check in with a board member about your hazard insurance coverage for this issue. In the HOA I belonged to, the insurance would have covered the damage if it was due to outside Plumbing. I always carried insurance for the inside of my home. In any case, it is tough to get an instant response-you'll need to be patient.
What else can I help you with?
What is Property Type PD?
In insurance terms, "PD" refers to property damage or physical damage to property. "Bi" refers to Bodily injury.
What is the concept of malicious damage to property as used in terms of sasria and as used in terms of conventional non-sasria respectively?
things that are not covered at all in property cover
What are the differences between termite damage and water damage in terms of their impact on a property's structural integrity?
Termite damage is caused by insects eating away at wood, which can weaken the structure of a property over time. Water damage, on the other hand, is caused by water infiltrating the property and can lead to rot, mold, and structural weakening. Both types of damage can compromise a property's structural integrity, but termites specifically target wood while water damage affects a broader range of materials.
Which of the following Sections is responsible for compensation for injury or damage to property?
The section responsible for compensation for injury or damage to property is typically covered under the "Liability" or "Indemnification" section of a contract or insurance policy. This section outlines the terms and conditions under which compensation will be provided in case of injury or damage to property.
Is the property owner responsible to maintain the utility easement?
You need to review the document that created the easement to determine that type of responsibility. All the terms should be included in that document.
Does a quit deed relieve you of financial responsibility on a mortgage?
No, a quit claim deed only changes ownership of the property. The property will still remain collateral for the mortgage loan. The actual ownership of the property does not change the terms of the mortgage loan and the promise the signatories (you) made to the bank.
My home is a rental.. Does homeowners insurance still cover damage to the home caused by a burglary?
It depends on what type of insurance the property owner has and what the terms of the lease are. Some landlords carry property damage coverage for the building structure. Some leases require that the renter carry a tenants policy.
What is the biggest threat tornadoes cause to people?
Loss of property. Most tornadoes cause some sort of property damage, but relatively few tornadoes kill. In terms of danger to life the greatest hazard is flying debris.
What does landlord insurance cover in terms of loss of rent?
Landlord insurance typically covers loss of rent due to factors like tenant default, property damage, or other unforeseen events that make the property uninhabitable.
When a House built too close to tree is now suffering from root damage who is responsible for repairs?
You should have the tree removed. It is the homeowners responsibility to maintain their property and mitigate any known risks. This is in the terms of every insuring contract If you know the tree poses a risk and you fail to have it removed then you may void any and all coverage on your homeowners policy.
Who were the Germanic invaders of rome?
The Vandals were an eastern Germanic tribe that invaded and sacked Rome in 455 AD. This "senseless destruction" provided the English terms for those who damage property.
What is the definition of property in scientific terms?
characteristic or functionality of a material = property of a material
